Per The New York Times, he will step aside from heading up Russia investigation:

Mr. Nunes said that his decision came after “left-wing activist groups” filed accusations against him with the Office of Congressional Ethics. He called the charges “entirely false and politically motivated,” but he said it was in the committee’s best interests for him to temporarily step aside from the investigation.

Representative Adam B. Schiff of California, the panel’s top Democrat, praised Mr. Nunes’s decision, saying it was made in the “best interests of the investigation.”

“It will allow us to have a fresh start moving forward,” he told reporters.

CNN reports the FBI now believes Team Trump directly coordinated with the Russians in the run-up to the presidential election:

The FBI has information that indicates associates of President Donald Trump communicated with suspected Russian operatives to possibly coordinate the release of information damaging to Hillary Clinton's campaign, US officials told CNN.

This is partly what FBI Director James Comey was referring to when he made a bombshell announcement Monday before Congress that the FBI is investigating the Trump campaign's ties to Russia, according to one source.

The FBI is now reviewing that information, which includes human intelligence, travel, business and phone records and accounts of in-person meetings, according to those U.S. officials. The information is raising the suspicions of FBI counterintelligence investigators that the coordination may have taken place, though officials cautioned that the information was not conclusive and that the investigation is ongoing.

Work of art spotted on the Lower East Side — unsure of artist.

Rep. Adam Schiff (D-California) is demanding a new, independent investigation into the connections between Trump and Russia, saying that the actions of the leader of the current investigation — Trump crony Rep. Devin Nunes (R-California), who has, incredibly, briefed Trump private on what he knows about the investigation! — create “grave concerns” regarding his ability to conduct the investigation fairly.

Trump's reaction to his administration's turmoil and the taint of scandal at every turn? In a wide-ranging interview with Time— the cover of which questions whether the concept of the truth is dead due to Trump — the POTUS-in-name-only states with toddler-level glee: